Carpenter Technology Operating Income increased by 20.2% to $186.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $137.80M to $186.50M. Over 3 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 28.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$70.80M | -$19.10M | -$31.50M | $1.10M | $8.30M | $22.60M | $39.30M | $62.90M | $69.00M | $69.80M | $75.90M | $108.30M | $113.60M | $118.90M | $137.80M | $151.40M | $153.30M | $155.20M | $186.50M |
| QoQ Change | — | +73.0% | -64.9% | +103.5% | +654.5% | +172.3% | +73.9% | +60.1% | +9.7% | +1.2% | +8.7% | +42.7% | +4.9% | +4.7% | +15.9% | +9.9% | +1.3% | +1.2% | +20.2% |
| YoY Change | — | — | — | — | +143.5% | +171.7% | >999% | — | +731.3% | +208.8% | +93.1% | +72.2% | +64.6% | +70.3% | +81.6% | +39.8% | +34.9% | +30.5% | +35.3% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Specialty Alloys Operations | $140.90M | $134.50M | $135.60M | $151.40M | $167.10M | $170.70M | $174.60M | $208.00M |
| Performance Engineered Products | $10.60M | $7.30M | $7.00M | $10.90M | $11.70M | $9.40M | $6.90M | $6.70M |
| Total | $108.30M | $113.60M | $118.90M | $137.80M | $151.40M | $153.30M | $155.20M | $186.50M |